Rules on Establishment of Information Technology Systems, with the following key points: (1) To adjust the frequency of submitting IT audit reports to be appropriate for the risk level of small
stakeholders were incorporated into the finalization process. The SEC has issued notifications specifying the amendments with the key points as follows: (1) To adjust the frequency of submitting IT
Financial Reporting Standard No. 16 : Lease (TFRS 16), effective 1 January 2020, has impacted the Company and its subsidiaries’ financial statement in recognizing a right-of-use asset and a lease liability in
had to be closed according to government policy. But the company was able to adjust to its profitable operating results this quarter details as follows: Management Discussion and Analysis Q2/2020 Page 3
three years or upon occurrence of a widespread adverse incident; (2) To adjust the submission schedule for the Risk Level Assessment (RLA) report and IT audit report to be within the same period (during
adjust the assumptions for cash flows projections of those subsidiaries to calculate the recoverable amount appropriately, and to consider the adequacy and appropriateness of the impairment loss for
6.9% YoY, as a result of the adoption of TFRS16, which increased lease liability in 1Q2020 by Bt164.00mn. Total shareholders’ equity was Bt1,096.62mn, decreasing 17.9% YoY, as a result of the 1Q2020 net
liability arises from his failure to issue orders or perform the duties required to ensure compliance with the specified regulations, resulting in IHL’s delayed submission of the report. SEC Act S.300 in
reducing production cost and also negotiating with customers to review and adjust selling price every quarter. 2.2. Distribution costs for 2018 was in the amount of 4.95 million baht, increased by 1.16
will adjust our production strategy to match with the domestic consumption and export the foreseeable in future. We would like to sincerely thank all our shareholders for their support and belief in the